Business Charge Cards

The best American Express Business Platinum card benefits are return protection, purchase protection, and expansive travel insurance protections. The American Express Business Platinum card also has rental car insurance and extended warranty, which are more common perks across American Express credit cards. In addition to its many benefits, the American Express Business Platinum card also gives new cardholders 120,000 points for spending $15,000 within 3 months. And there are extensive ongoing rewards consisting of 1 - 5 points per $1 spent on purchases.

American Express Business Platinum card Benefits

• Rewards: 120,000 points for spending $15,000 within 3 months; 5 points per $1 spent on flights and prepaid hotels on amextravel.com, 1.5 points per $1 on U.S. construction material and hardware, U.S. electronic goods, U.S. shipping as well as on purchases of $5,000 or more (up to $2 million of these purchases per year combined), and 1 point per $1 on all other purchases
• Annual credits: Annual statement credits on select purchases, including Dell Technologies, Indeed, Adobe, and wireless telephone purchases.
• Return protection
• Purchase protection
• Rental car insurance
• Baggage insurance
• Trip delay insurance
• Trip cancellation and interruption insurance
• Extended warranty
• Cell phone protection

To view the full extent of your benefits, consult your American Express Business Platinum card guide to benefits. You can also visit Amex's retail and travel benefits web page where you can view specific policies for each benefit. Simply select "Eligible Cards" under the benefit, find your your American Express Business Platinum card in the list, and click "View Policy".

The American Express Business Platinum card has a $695 annual fee, but its rewards and benefits can offset this cost and bring added value. As long as you have good credit or better (a credit score of 700+), the American Express Business Platinum card is certainly a card to consider adding to your wallet.

The best Plum Card benefits start with a 1.5% discount on balances paid before the due date. You also get several types of insurance, including travel insurance, rental car coverage, and purchase protection.

Here are the top Plum Card benefits:

• Pay early or late: 1.5% discount on balances paid before the due date (at least 10 days in advance). And you can carry a balance for up to 60 days without paying interest. Just remember that in both cases, you have to pay at least the minimum amount required by the due date.
• Car rental insurance: You're covered up to a preset limit if a car you rent with the Plum Card is damaged or stolen. Just refuse the rental company's insurance to activate your coverage.
• Purchase protection: Replaces, repairs, or reimburses you for eligible items purchased with the Plum Card, up to a preset amount, for 90 days from the date of the purchase, due to covered reasons.
• Extended warranty: You get up to one extra year on warranties of five years or less for eligible items purchased with the Plum Card.
• Return protection: If you want to return an eligible item you bought with your Plum Card within 90 days and the store won't let you, American Express may refund the full purchase price, up to a preset amount per item and calendar year.
• Employee cards: You can get additional cards for your employees. Plus, you can set custom spending limits for employee cards, freeze individual cards, and receive employee spending alerts.
• Expense tracking tools: You can download the Amex Business App to keep track of receipts and manage cards from your phone. If you have QuickBooks, you can enroll in Connect to QuickBooks And your Plum Card transactions will automatically transfer to your account. You also get a year-end summary of charges. 

Those are the most valuable Plum Card benefits. To view more details about Plum Card benefits, visits the Amex benefits web page, select a benefit and click on the Plum Card to view details.

The American Express Plum Card’s credit score requirement is “good” or better. That means you need a credit score of 700+ for a realistic shot at approval. It is possible to get Amex Plum with lower scores, as the good credit range is generally thought to start at 660. But your odds just won’t be great if your score is below 700.

Here’s the lowdown on American Express Plum Card credit scores:

• Personal Credit Scores Are Key. Although Amex Plum is a business credit card, available only to business owners, you’re personally responsible for paying off balances. As a result, Amex considers your personal credit history (along with that of your business credit) when you apply.
• Shoot for 700+. A 700+ credit score will give you the best chances, different people report being approved with a range of scores. @Concorduser says a score in the mid-600s did the trick, for example. And @Fr0zen got the card with a score in the mid-700s. But these are anecdotal reports, and each person’s situation is different, so take them with a grain of salt.
• Other Factors. Amex also looks at your annual revenue, your estimated monthly spending, and the number of years your company has been open.

So you can consider the American Express Plum Card’s credit score requirement to be 700+.

The American Express Business Platinum card additional card fee is $0 per year for an additional Amex Business Green card, $45 per year for an additional American Express Business Gold card and $300 per year for an additional American Express Business Platinum card. That's on top of the $695 you pay for the primary American Express Business Platinum card. You can get up to 99 additional cards total, regardless of which of the three you choose.

The Amex Business Green card and the American Express Business Gold card don't provide American Express Business Platinum card perks, like free airport lounge access. But they can be used to make purchases, and they will earn rewards for you (the primary cardholder). Regardless of which type(s) of additional cards you decide to add, you can set custom spending limits and freeze specific cards by logging into your account, selecting the "Account Services" tab, and clicking "Manage Spending Limits for Additional Card Members."

American Express Business Platinum card additional card fees:

• Additional Amex Business Green card Fee: $0 per year. You earn 2 points per $1 spent on purchases at amextravel.com, 1 point per $1 spent on all other purchases.
• Additional American Express Business Gold card Fee: $45 per card. You earn 4 points per $1 in the two select categories with the most spending (up to $150,000 per year combined) and 1 point on all other purchases.
• Additional American Express Business Platinum card Fee: $300 per year 5 points per $1 spent on flights and prepaid hotels on amextravel.com, 1.5 points per $1 on U.S. construction material and hardware, U.S. electronic goods, U.S. shipping as well as on purchases of $5,000 or more (up to $2 million of these purchases per year combined), and 1 point per $1 on all other purchases, and all Platinum benefits.

Only the primary American Express Business Platinum card holder can add additional cards. The primary card holder is also responsible for paying all charges made on those cards. But points earned with additional cards go to the primary card holder, too. And that will help you save.